Letter of Credit Application Agreement definition

Letter of Credit Application Agreement means, with respect to a Letter of Credit, such form of application therefor (whether in a single or several documents) as the Letter of Credit Issuer may employ in the ordinary course of business for its own account, whether or not providing for collateral security, with such modifications thereto as may by agreed upon by the Letter of Credit Issuer and the Borrower and are not materially adverse to the interests of the Lenders; provided, however, that in the event of any conflict between the terms of any Letter of Credit Application Agreement and this Agreement, the terms of this Agreement shall control.
Letter of Credit Application Agreement means that certain Application and Agreement for Issuance of a Letter of Credit in the form of Exhibit D hereto or any other similar form required by the Agent appropriately completed by the Borrower pursuant to Section 2.02(a) herein.
Letter of Credit Application Agreement means, with respect to a Letter of Credit, such form of application therefor (whether in a single or several documents) as the Letter of Credit Issuer may employ in the ordinary course of business for its own account, whether or not providing for collateral security, with such modifications thereto as may be agreed upon by the Letter of Credit Issuer and the Borrower and are not materially adverse to the interests of the Lenders; provided, however, that in the event of any conflict between the terms of any Letter of Credit Application Agreement and this Agreement with respect to (i) any fees payable in connection with any Letter of Credit, (ii) the interest rate applicable to unreimbursed drawings under any Letter of Credit, or (iii) the collateral securing any Letter of Credit, the terms of this Agreement shall control.

Examples of Letter of Credit Application Agreement in a sentence

  • The Borrower shall pay to the Letter of Credit Issuer, for its own account, transfer fees, drawing fees, modification fees, extension fees and such other fees and charges as may be provided for in any Letter of Credit Application Agreement or otherwise charged by the Letter of Credit Issuer.

  • In connection with the issuance of each Letter of Credit, the Borrower shall complete a Letter of Credit Application Agreement, and such other documentation in form and substance as required by Agent.

  • Upon the request of any Lender, the Letter of Credit Issuer shall furnish to such Lender copies of any Letter of Credit, Letter of Credit Application Agreement and other documentation relating to Letters of Credit issued pursuant to this Agreement.

  • She believed that by modifying the product she will be able to create a new product.

  • Upon the request of any Bank, the Administrative Agent shall furnish to such Bank copies of any Letter of Credit, Letter of Credit Application Agreement and other documentation relating to Letters of Credit issued pursuant to this Agreement.


More Definitions of Letter of Credit Application Agreement

Letter of Credit Application Agreement means, with respect to a Letter of Credit, such form of application therefor (whether in a single or several documents) as the Letter of Credit Issuer may employ in the ordinary course of business for its own account, whether or not providing for collateral security, with such modifications thereto as may by agreed upon by the Letter of Credit Issuer and the Borrower and are not materially adverse to the interests of the Lenders; provided, however, that in the event of any conflict between the terms of any Letter of Credit Application Agreement and
Letter of Credit Application Agreement means that certain Application and Agreement for Issuance of a Letter of Credit in the form of Exhibit B hereto or any other similar form required by the Agent appropriately completed by the Borrower pursuant to Section 2.02(a) herein.
Letter of Credit Application Agreement has the meaning set forth in Section 2.2.2.
Letter of Credit Application Agreement means that certain Application and Agreement for Issuance of a Letter of Credit in the form of Schedule 2.13 hereto or any other similar form required by the Administrative Agent appropriately completed by the Borrower pursuant to Section 2.13.
Letter of Credit Application Agreement means the Lender’s standard form of letter of credit application, together with all schedules and exhibits thereto, as such form may be modified from time to time.
Letter of Credit Application Agreement means, with respect to a Letter of Credit, such form of application therefor (whether in a single or several documents) as Wachovia may employ in the ordinary course of business for its own account, whether or not providing for collateral security, with such modifications thereto as may by agreed upon by Wachovia and a Borrower and are not materially adverse to the interests of the Lenders; provided, however, that in the event of any conflict between the terms of any Letter of Credit Application Agreement and this Agreement, the terms of this Agreement shall control.
Letter of Credit Application Agreement means, with respect to a Letter of Credit, such form of application therefor (whether in a single or several documents) as the LC Issuer may employ in the ordinary course of business for its own account, whether or not providing for collateral security, with such modifications thereto as may by agreed upon by the LC Issuer and any Borrower and are not materially adverse to the interests of the Lenders; provided, however, that in the event of any conflict between the terms of any Letter of Credit Application Agreement and this Agreement, the terms of this Agreement shall control. When used in reference to the Scottsboro IDA Notes LC, references in this Agreement to Letter of Credit Xxxlication Agreement shall mean the Scottsboro Reimbursement Agreement.